Form 4: Universal Display Corp Executive Julia J. Brown Reports Stock Sale
SEC Form 4
Julia J. Brown, EVP & Chief Technical Officer of Universal Display Corporation, reported selling 10,358 shares of common stock at $175 per share on May 8, 2024.
Summary
- On May 8, 2024, Julia J. Brown, the EVP & Chief Technical Officer of Universal Display Corporation, sold 10,358 shares of common stock at a price of $175 per share.
- Following the transaction, Brown directly owns 56,624 shares of Universal Display Corporation.
- The report also mentions that Brown acquired 130 shares under the Universal Display Corporation Employee Stock Purchase Plan on March 28, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of an executive stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales are a common occurrence and can be for various personal financial reasons. It's important to consider the overall trend of insider transactions and company performance when evaluating the significance of this sale.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders, depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Julia J. Brown acquired 130 shares under the Universal Display Corporation Employee Stock Purchase Plan. |
| 05/08/2024 | Julia J. Brown sold 10,358 shares of Universal Display Corporation common stock. |
| 05/09/2024 | Date of signature for the Form 4 filing. |
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